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EASTON, Md. (AP) _ Shore Bancshares Inc. (SHBI) on Thursday reported net income of $4.6 million in its third quarter.
The Easton, Maryland-based bank said it had earnings of 39 cents per share. Earnings, adjusted for amortization costs, came to 43 cents per share.
The bank holding company posted revenue of $19.8 million in the period. Its revenue net of interest expense was $18.5 million, exceeding Street forecasts.
Insight by ProPricer: During this exclusive webinar Emily Murphy, partner, CEO of Coaching International and former GSA administrator, and Angela Styles, partner with Akin, Gump, Strauss, Hauer & Feld and former OFPP administrator will discuss what the updates to the mentor-protégé program mean for small and large businesses. In addition, Dr. Sue Coates, adjunct professor of organizational studies at the Anderson School of Management, University of New Mexico will provide an industry perspective.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SHBI at https://www.zacks.com/ap/SHBI
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